1/55 2/55第一篇公司簡介格力電器旗下的“格力”品牌空調，是中國空調業唯一的“世界名牌”產際知名空調項目，在國際舞臺上贏得了廣泛的知名度和影響力，引領“中國制企業，成就格力百年的世界品牌”為目標，為“中國創造”貢獻更多的力量。3/55單位：元資產負債表水平分析(表1)計金融資產資資13,783,157,646.40,896,126.90166,265.5096,724,345.57366,442.9044,539,091,076.163,301,466,951.587,794,549.973,055,380,985.7646,458,685.180,451,621.848,133,244,697.9552,672,335,774.115,895.96642,571,398.5017,726,244,228.0044,700.8566,460,604.194,423,963,935.8144,165,750.0034,350,717,570.053,173,655,835.81,725,089.39,118,711,597.821,952,879.59206.457,571,905,388.6041,922,622,958.65961,632,918.578,581,683.00,702,549,245.7147,058,486.3881,981.43-3,943,086,581.60,024,069,066.0622,151,426.05463,733,235.78.1679,606,173.304,672,760,409.767,200,692.9010,188,373,506.111,115.77330,612.06,511,999.500,093.8601,257.75466,778,697.17561,339,309.35,749,712,815.46.39581,683.009,977,847.21,565,361,670.945,126,930,962.13-22.24%1%61%73%370.18%%.66%03%%83%0%92%64%0%1%%對總資產的影響.30%-0.15%64%4/55計實收資本(或股本)所有者權益(或股東權益)負債和所有者權益(或股東權益)總計858,155,347.21813.15,233,456,183.879,919,092,670.7652,672,335,774.11,793,057.3581.875,309,195.87329.118,160,691,000.3741,922,622,958.65652,846,151.345,859,327.52070268,107,754.7601,758,401,670.39.04%%.75%.78%21.55%4%4.19%4%期增長了7.41%，使總資產規模增長了1.34%，兩者合計使總資產增加了10749712815.4元6，增長幅度為25.64%。2、本期總資產的增長主要體現在流動資產的增長上。如果僅從這一變化來但其增長主要體現在以下幾個方面：5/55二是存貨的大規模增加。存貨本期增加了4673760409.76元，增長幅度為三是其它應收款的增長。其它應收款本期增長了37200692.90元，增長幅度四是預付款項的增長。預付款項本期增加了463733235.78元，增長幅度為付款項的變動同樣主要是因為預付供應商210.83%，對總資產的影響為0.08%。在建工程的增長主要反映了企業正在擴大6/553,330,612.06元，降低率為產項目上占用、從籌資或權益角度進行分析評價增長了21.45%；股東權益總額本期增長1,758,401,670.39元，增長幅度為21.55%，使權益總額增長了4.19%，兩者合計使權益總額增加10749712815.46總額的影響為19.78%，這種變化可能導致公司償債壓力的加大及財務風險的增7/55六是應交稅費的減少。應交稅費本期減少216,940,730.89元，降低率為8/559/55資產負債表垂直分析(表2)783,157,646.4054,906.70,896,126.90166,265.5096,724,345.57366,442.9044,539,091,076.16,301,466,951.587,794,549.973,055,380,985.7646,458,685.180,451,621.84133,244,697.9552,672,335,774.11642,571,398.5077,579,765.657,726,244,228.0044,700.8566,460,604.194,423,963,935.8144,165,750.0034,350,717,570.05,173,655,835.81,725,089.39,118,711,597.821,952,879.59206.451,905,388.6041,922,622,958.65,632,918.578,581,683.00,702,549,245.7147,058,486.3881,981.43495,709,121.07,793,057.35期末余額(%)26.17%7%%0.15%%8%2.12%%%期初余額(%)42.28%2%%0.16%0.11%%變動額(%)-16.12%0.19%%-0.12%-0.18%5.16%10/55-0.13%858,155,347.215,309,195.87-0.68%52,266,813.150.10%00.281.17%實收資本(或股本)2,817,888,750.00-0.06%,233,456,183.8729.114%69%-0.45%1.53-1.00%,919,092,670.7660,691,000.37-0.63%負債和所有者權益(或股東權益)總計52,672,335,774.1141,922,622,958.65于企業靈活調度資金，風險較大。該公司本期流動資產比重高達84.56%，非流根據這樣的資產結構，可以認為格力資產的流動性強，資產風險較小，但缺點是較低的非流動資產規模會讓企業難以形成較大的生產規模，不利于企業的擴X；2、從動態方面分析。本期該公司流動資產比重較上期上升了2.62%，貨幣定。11/55分析評價12/55資產負債表變動原因分析(表3)6,335,774.11實收資本(或股本)(或股東權益)總計.0087,335,774.1158.6558.65另外，由于實收資本本期增加了939,296,250.00元，這是由于執行200913/55資產負債表對稱結構分析(表4)式而言，負債成本相對較低，并具有可調性。(3)、無論是資產結構還是資本結14/55利潤表水平分析(表5)加：公允價值變動收益(損失以“－”號投資收益(損失以“－”號填列)二、營業利潤(虧損以“－”號填列)四、凈利潤(凈虧損以“－”號填列)3,762,813.66309,532.212-138,875,315.187.405638,128.8483,199.6112%%202.17%6.14%增減變動分析評價1、凈利潤或稅后利潤分析。凈利潤是指企業所有者最終取得的財務成果，或可供企業所有者分配或使用的成果。格力電器2010年度實現凈利潤2,681,077,547.元56，比上年增長了155,092,083.7，增長率為6.14%，增長幅度一般。從水平分析看，凈利潤的增長主要是因為利潤總額較去年增長285,626,282.99元，增長幅度為10.02%所導致的；由于所得稅費用比去年上漲130,534,199.42元，二者相抵，使本期凈利潤增加2,681,077,547.5；2、利潤總額分析。利潤總額是反映企業全部財務成果的指標，它不僅反映企業的營業利潤，而且反映企業的營業外收支狀況。格力公司利潤總額增長285,626,282.99元，增長幅度為10.02%，關鍵原因是營業外收入增加了1,865,330,644.元68，增長幅度為571.75導致的；同時營業外支出也一定幅15/55業成本、期間費用、資主要原因在于該公司本期投資收益減少了661,950,077.70元，降低幅度為608.85%以及資產價值損失本期增加了58,309,532.2，1增長幅度為672.26%所導增加，同時，營業成本、管理費用和銷售費用相應的增加導致營業利潤的減少，多方面因素綜合作用，使本期營業利潤減少了1,560,065,933.8元0。本本期金額上期金額本期(%)上期(%)59,157,908,612.0541,625,588,108.18100.00%100.00%49,285,589,652.2433,020,017,197.9283.31%79.33%198,359,106.71170,013,823.610.34%0.41%8,012,379,782.935,508,669,769.9613.54%13.23%1,156,991,267.031,127,711,103.301.96%2.71%-419,638,128.84-138,875,315.18-0.71%-0.33%66,983,199.618,673,667.400.11%0.02%145,436,589.70-28,581,683.000.25%-0.07%-28,386,774.32633,563,303.38-0.05%1.52%-3,296,805.89-2,083,231.92-0.01%-0.01%974,293,547.752,534,359,481.551.65%6.09%2,191,581,659.94326,251,015.263.70%0.78%29,722,912.9710,084,485.080.05%0.02%1,746,345.091,765,504.160.00%0.00%3,136,152,294.722,850,526,011.735.30%6.85%455,074,747.16324,540,547.740.77%0.78%2,681,077,547.562,525,985,463.994.53%6.07%項目一、營業收入減：營業成本營業稅金及附加加：公允價值變動收益(損失以“－”投資收益(損失以“－”號填列)企業和合營企業的投資二、營業利潤(虧損以“－”號填列)處置損失三、利潤總額(虧損總額以“－”號四、凈利潤(凈虧損以“－”號填列)構成變動分析評價16/55營業利潤表水平分析(表7)加：公允價值變動收益(損失以“－”號填投資收益(損失以“－”號填列)和合營企業的投資收益三、營業利潤(虧損以“－”號填列)2-138,875,315.187.403,231.92534,359,481.55638,128.8483,199.616,805.894,293,547.753,762,813.66309,532.21,950,077.703,573.9760,065,933.8012%%202.17%%利潤分析。格主要原因在于該公司本期投資收益減少了661,950,077.70元，降低幅度為608.85%以及資產價值損失本期增加了58,309,532.2，1增長幅度為672.26%所導化的有利因素，同時，營業成本增加16,265,572,454.32元、管理費用增加29,280,163.73元和銷售費用增加2,503,710,012.97元是導致營業利潤增長的不利因素，增減抵消，使本期營業利潤減少了1,560,065,933.80元。分析。營業毛利是營業收入與營業成本的差額。格力公司營業17/55按產品劃分的主營業務收入及利潤構成情況(表8)18/55減減減率1、空調本年度實現營業收入5,510,996.2萬元，相應的營業成本為4,268,626.6元4，本年毛利率為22.54%，是導致營業利潤中毛利率增長的最主要因素。營業收入相對上期增4加3.78%，而營業成本相對上期增8.22%，毛利率相對去年減少.32這反映出2010年度格力電器空調銷售狀況不佳；14.49%，是導致營業利潤中毛利率增長的最主要因素。營按市場劃分(表9)單位：億元分類銷售收入占銷售總收入比例比上年增減40.23%成分析19/5520/55資產減值損失(表10)(合并)28,022,864.24-3,028,461.31482,204,421.4829,088,811.89價損失、長期股權投資減值損失六、投資性房地產減值損失七、固定資產減值損失程物資減值損失程減值損失十、生產性生物資產減值損失十一、油氣資產減值損失十二、無形資產減值損失三、商譽減值損失四、貸款損失準備32,124,138.4336,909,708.233528,622,882.5499,596,738.55加，固定資產減值損失減少了1,889,987.48元，在建工程減值損失減少了2,204,421.48元，增減相抵消，共同使得資產減值損失增加了70,507,926.66財財務費用(表11)(合并)21/55 主要原因是利息收入大幅度上升所引起的。本期利息收入與去年相比，增加171,341,425.00元，利息支出與去年相比，減少了49,004,176.21元，匯兌損失較去年相比，增加了5,082,605.01元。增減相抵，共同使財務費用減少了211,947,628.88元。公允價值變動損益(表12)(合并)產生公允價值變動收益的來產生公允價值變動收益的來源交易性金融資產價值變動收益交易性金融負債投資性房地產上期發生額307,044.77307,044.77307,044.77本期發生額公允價值變動分析本期公允價值變動發生額為69,192,469.15元，上期發生額為2,307,044.77營業外收入(表13)(合并)項目項目本期發生額上期發生額計入當期非經常性損益的金額04,182.92404,182.92計04,182.92404,182.9222/559109,278,450.93合計206,008,580.33主要由公司營業外收入中各項目增加所引起的，其中固定資產處置利得減少了營業外支出(表14)(合并)23/55量表分析單位：元現金流量表水平分析(表15)目商金還商金金24,956,179,212.18535,271,612.055,932,806,836.3131,424,257,660.5423,814,474,426.911,346,732,339.772,047,442,664.8235,263,270,694.20268,527,072.60726,417,462.0036,258,215,228.8016,080,392,318.281,049,892,001.451,856,497,306.46-10,307,091,482.02266,744,539.455,206,389,374.31-4,833,957,568.267,734,082,108.63296,840,338.32190,945,358.36-29.23%99.34%716.72%-13.33%28.27%24/55費30,367,682,910.8625,281,788,016.175,085,894,894.6920.12%額1,056,574,749.6810,976,427,212.63-9,919,852,462.95-90.37%金金76,830,000.00-76,830,000.00資267,880.00616,960.00-349,080.00-56.58%無形資產和其他長期資產收現金凈額處置子公司及其他營業單位收到25/55額2,055,790,145.3777,446,960.001,978,343,185.372554.45%資299,816,919.52681,452,169.64227.29%金131,370,000.00535,728,206.80-404,358,206.80-75.48%額6,304,700.004,735,777,165.00-4,729,472,465.00-99.87%1,118,943,789.165,571,322,291.32-4,452,378,502.16-79.92%投資活動產生金流量凈936,846,356.21-5,493,875,331.326,430,721,687.53117.05%26/55額金金1,554,829,946.911,022,961,191.37531,868,755.5451.99%金1,361,840,303.0967,236,777.321,294,603,525.771925.44%股963,025,312.92379,800,716.62583,224,596.30%1,113,229,990.371,554,552,760.744%4,992,648,367.121,560,267,484.313,432,380,882.81219.99%籌資活動產生-3,437,818,420.21-537,306,292.9400,512,127.2727/55額-70,573,260.541,640,523.88-72,213,784.42-4401.87%-1,514,970,574.864,946,886,112.25-6,461,856,687.11-130.62%6,794,942,268.434,946,886,112.25267.68%期末現金及現金等價物余額5,279,971,693.576,794,942,268.43-22.30%1、經營活動現金流。經營活動凈現金流比去年減少了9,919,852,462.95力公28/55所致。同時，支付給職工以及為職工支付的現金，支付的各項稅費分別增長了2、投資活動現金流。投資活動凈現金流比去年增加了6,430,721,687.5392%。投資活動現金流入量中，主要是因為收到其他與投資因素，投資支付的現金、支付其他與投資活動有關的現金分別降低了75.48%、3、籌資活動現金流。籌資活動產生的凈現金流量2010年比去年減少了2,900,512,127.27元，降低幅度為539.82%，說明企業2010年籌資活動現金流出遠遠大于去年籌資活動現金流出，這主要是因為企010年增加了大量在建工程，進行了大量的籌資活動而產生巨額的利息支出所導致的。29/55金流量表垂直分析(表16)2009年銷售商品、提供勞務收到的現金動現金流入小計購買商品、接受勞務支付的現金支付給職工以及為職工支付的現金稅費動有關的現金動現金流出小計經營活動產生的現金流量凈額位收到的現金凈額現金流入小計業單位支付的現金凈額動有關的現金現金流出小計資活動產生的現金流量凈額268,527,072.6036,258,215,228.80392,318.28,001.45,306.4625,281,788,016.177,212.6330,000.00,960.0077,446,960.00299,816,919.524,735,777,165.005,571,322,291.32-5,493,875,331.327.26%%60%0%%4.39%05%49.61%%00%30/55流入小計償還債務支付的現金分配股利、利潤或償付利息支付的現金動有關的現金流出小計動產生的現金流量凈額物的影響五、現金及現金等價物凈增加額加：期初現金及現金等價物余額六、期末現金及現金等價物余額%1%,752.14,191.3767,236,777.32379,800,716.62 -537,306,292.9437,358,623,380.1732,413,377,791.804,946,886,112.251,848,056,156.18%銷售商品、提供勞務收到的現金動現金流入小計活動有關的現金動現金流出小計經營活動產生的現金流量凈額金形資產和其他長期資產收回的現現金流入小計購建固定資產、無形資產和其他長期資產支付的現金單位支付的現金凈額活動有關的現金現金流出小計資活動產生的現金流量凈額24,956,179,212.18535,271,612.055,932,806,836.3131,424,257,660.542,047,442,664.823,159,033,479.3630,367,682,910.8656,574,749.6867,880.002,055,522,265.372,055,790,145.37981,269,089.1604,700.001,118,943,789.16936,846,356.21流入結構(%)3%%內部結構(%)2%9%流出結構(%)9%%31/55流入小計的現金利息支付的現金動有關的現金流出小計動產生的現金流量凈額額金等價物的影響五、現金及現金等價物凈增加額加：期初現金及現金等價物余額六、期末現金及現金等價物余額54,829,946.91,025,312.922,667,782,751.114,992,648,367.12-3,437,818,420.2135,034,877,752.8236,479,275,067.14-70,573,260.54-1,514,970,574.866,794,942,268.435,279,971,693.573%%%經營活動現金流出中購買商品、接受勞務支付的現金占到了現金流出的絕大比32/55另外，本期分配了現金股利也是導致籌資活動現金流出增加的另外一個重要原篇財務效率分析(以下數據均是合并報表數據)析資本經營能力因素分析表(表18)2002009年差異41,165,106,223.839,189,979,670.8940,877,565,403.674.45-0.26-910,369,161.72-2.23%0.37%3,380,275,535.152,469,906,373.432,913,450,350.1525.00%0.00%6.00%1.00%29.00%3.00%負債利息率(%)所得稅率(%)總資產報酬率(%)凈資產收益率(%)58,567,314,401.4312,332,196,747.6251,592,669,903.954.18-956,610,582.00-1.85%5,056,322,590.104,099,712,008.104,303,205,496.1625.00%7.00%32.00%=32.00%-29.00%=3.00%%33/55構來的收益越高。均凈資產資產收益率的高低直接反映了公司的競爭實力和發展能力,也是決定公司是否應產。20080.280.070.06主營收入毛利潤率0.220.25.234/550.060.050.050.060.060.140.02------------------收益留存比率47635/55蘇寧電器和美菱電器是具有可比性的。65,604,378,124.9442,054,037,520.0065,604,378,124.9442,054,037,520.0029,267,156,191.6543,907,382,000.007,116,164,154.58999,488,787,431.072,746,190,259.05但其凈資產規模不如美的電器以及蘇寧電器，凈資產規模處于同行業中中等水平，但其凈資產收益率高于同行業其它企業，處于行業領先地位。總資產規模65,604,378,124.94凈資產規模14,011,708,220.9總資產規模65,604,378,124.94凈資產規模14,011,708,220.999,488,787,431.07002,746,190,259.05格力電器29,267,156,191.6543,907,382,000.007,116,164,154.5836/5542,054,037,520.0029,267,156,191.6543,907,382,000.007,116,164,154.589,488,787,431.072,746,190,259.05率5,604,378,124.9442,054,037,520.0029,267,156,191.6543,907,382,000.007,116,164,154.589,488,787,431.072,746,190,259.05益37/55總資產周轉率分析表(表24)率2009年42,637,291,053.2641,165,106,223.8332,943,945,000.8680.03%2010年60,431,626,050.4658,567,314,401.4348,571,767,080.5882.93%差異17,794,334,997.2017,402,208,177.6015,627,822,079.72-0.01-0.052.90%(1.24-1.29)*80.03%=-0.04次38/55營運能力指標歷史可比變動(表25)會計年度201020092008流動資產對總資產的比率平均余額=流動資產墊支周轉率*成本收入率，它是反映企業運營能力的重要指產周轉率仍處于下降趨勢，企業應當充分重視這一指標，加以改善；應收賬款周轉率較08、09年也有下降趨勢，這反映了企業為預防原材料漲價，購入了大量原材料所致；固定資產周轉率較去年有了一定幅度的好轉，但是仍然低于2008年的水平，固定資產39/55營運能力同行業比較分析(表26)格力電器美的電器海爾電器科龍電器美菱電器40/55能力分析償債能力指標歷史可比變動(表27)存貨流動負債比率(對金融企業無意義)率 流動比率=流動資產/流動負債=54,532,718,614.97/49,674,947,491.47=1.09741/55,320.08)/資產負債率=負債總額/總資產=51,592,669,903.95/65,604,378,124.94=力公司近三年來流動比率分別為1.01、1.04、1.10，呈現增長趨勢，但率下降了0.25，下降幅度為44.62%,反映了企業當年償債能力有了較明顯的下2、長期償債能力。資產負債率=負債總額/總資產，是總管和反映企業償債為0.79、0.79、0.75，保持在較穩定的狀態，這一指標值相對來說較高，企業長期償債風險較大。產權比率=資產總額/股東權益總額，分別為4.93、5.17、的評價的。力有所下降，這樣的情況是好是壞，不能輕易下結論。42/55償債能力行業比較分析(表28)比率營運資產與總資產的比率比率器器器器43/55會計年度201020092008-0.151凈資產增長率(%)44/55發展能力行業比較分析(表30)-0.16-0.1845/55753,117,093.9,5+753,117,093.9,5+54,532,718,6--60,431,626,050.458,027,222,9112,651,919,451.篇杜邦分析模型31)益率0.7099%權益乘數權益乘數X4.6821%業務利潤率業務利潤率X0.9212%收入收入收入收入資產總額/60,431,626,050.46065,604,378,124.960,431,626,050.4604,303,205,496.16收入46/55收入00主營業務收入/42,457,800,000/42,457,800,0000448,612,000090,000收入所得稅收入00主營業務收入/42,457,800,000/42,457,800,0000448,612,000090,000收入所得稅長期資產+54,532,718,615+--42,457,800,00039,626,807,100531,069,10060.628401510主營業務成本47,948,002,479.6營業費用8,410,135,601.480管理費用主營業務成本47,948,002,479.6營業費用8,410,135,601.480管理費用1,978,054,366.250貨幣資金15,166,127,512.150應收賬款1,198,924,905.030其他資產5,543,679,612.75存貨11,559,167,320.080其他流動資產26,608,498,877.72009年格力公司杜邦模型(表32)凈資產收益率27.0914%權益乘數X權益乘數X4.7619業務利潤率業務利潤率X0.823951,530,51,530,300,00047/5536,567.858,000904,842,912.311,90014,525,966.383,644,345.7300.71%-26.92%=3.6185%權益乘數變動影響為:(4.6821-4.7619)*6.5590%=-0.0798%19%+-0.0798%=3.6185%48/55了投資者的投入資本獲利能力的高低，能體現企業的經營目標。格力公司2010，第五篇財務報告綜合分析49/55成3至5個擁有較強自主創新能力、在國際市場具有較高影響力和競爭力的50/55前景優勢可能并不如前幾年明顯，2010年格力公司在努力拓展海外市場方面取股東股利的正常發放。2011年的發展情況，有待于進一步分析確定。做為一名最新底最新底牌機構名稱評級類別評級變動上漲空間長性長性評級時間力力力力力力力力從空調龍頭向制冷龍頭邁進領先的自主研發制冷行業專家股東大會紀要：熱烈精彩，鼓舞人心興業證券民生證券廣發證券強烈推薦強烈強烈推薦買入無維持首次無51/55最新底牌機構名稱評級類別評級變動上漲空間長性長性評級時間力力力力力力力力力力力力力力行業性成本壓力其實有利于格力擴X份額Q1延續高增長勢頭，出二季度醞釀新一輪投資點高增長速度未減高盈利基本維持國金證券國信證券買入強烈推薦強烈強烈強烈維持維持無無52/55最新底牌機構名稱評級類別評級變動上漲空間長性長性評級時間力力力3月空調銷量高基數下高增長司東方證券入維持53/55會計年度貨幣資金交易性金融資產應收票據應收賬款預付款項其他應收款應收關聯公司款應收利息應收股利存貨其中：消耗性生物資產一年內到期的非流動資產其他流動資產流動資產合計可供出售金融資產持有至到期投資長期應收款長期股權投資投資性房地產定資產在建工程工程物資固定資產清理生產性生物資產油氣資產無形資產開發支出商譽長期待攤費用遞延所得稅資產其他非流動資產非流動資產合計資產總計短期借款交易性金融負債應付票據應付賬款預收款項應付職工薪酬應交稅費15,166,127,512.1572,195,706.4322,055,819,308.231,198,924,905.032,559,799,033.82312,458,587.20--180,390,758.03--11,559,167,320.08----1,427,835,484.0054,532,718,614.971,093,942,250.00----21,787,097.06171,468,047.155,527,979,897.22100,515,586.76--60,964.98----1,049,490,850.53----16,076,690.381,528,800,867.751,561,537,258.1411,071,659,509.9765,604,378,124.941,900,379,493.81--8,944,563,957.3813,794,914,414.1712,006,210,896.84772,758,425.28855,558,495.0122,904,842,912.312,371,100.1010,836,551,337.90914,525,966.381,488,444,519.77158,098,225.38--81,201,281.99--5,823,644,345.73----401,135,856.6342,610,815,546.19757,400,600.00----7,015,981.29114,131,306.374,608,436,567.48211,123,926.52--1,000,093.86----504,857,674.33----3,280,168.471,046,086,813.401,666,102,000.008,919,435,131.7251,530,250,677.91961,632,918.57--8,393,337,570.0111,650,132,271.778,871,946,777.01606,007,070.211,133,786,854.173,666,298,569.35--13,277,429,017.10565,501,518.20896,768,965.0263,807,929.38--17,328,954.83--4,789,875,829.24----63,672.4123,277,074,455.53----1,450,197,560.461,049,727.7480,029,044.614,303,784,000.41268,399,739.31--1,184,823.56----449,565,898.60----8,681,509.56959,995,009.97--7,522,887,314.2230,799,961,769.758,401,564.87--2,584,807,861.448,716,985,497.255,829,108,434.66335,581,464.40621,651,905.6754/55應應付利息應付股利其他應付款應付關聯公司款一年內到期的非流動負債其他流動負債流動負債合計長期借款應付債券長期應付款專項應付款預計負債遞延所得稅負債其他非流動負債非流動負債合計負債合計實收資本(或股本)資本公積盈余公積減：庫存股未分配利潤少數股東權益外幣報表折算價差非正常經營項目收益調整歸屬母公司所有者權益(或股東權益)所有者權益(或股東權益)合計負債和所有者(或股東權益)合計268,473.575,896,413.59770,381,854.75----4,196,138,441.0423,069,221,911.24----------3,465,790.97--3,465,790.9723,072,687,702.211,252,395,000.00779,325,737.361,728,557,452.08--3,740,537,557.96249,732,824.64-26,197,492.662,922,988.167,477,541,242.907,727,274,067.5430,799,961,769.7519,257,770.32